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Tea Bar And Cafe
Location: United States -> Arizona -> Tempe
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This is an excellent upscale location and a great opportunity for an owner/operator who wants an easy, fun business to run with a great concept and lots of potential growth. Tea Bar and café serves over 90 different tea beverages. Customers can purchase a variety of Bulk Tea, and they offer an on-line catalog of over 70 items. Build-out was over $300,000. Sales have increased from 2010 to 2011 and are consistent when the industry itself is seeing annual decreases. Current owners had a partnership split and bought out their previous partner. They were absentee owners and are not able to devote the time to take the business to the next level. Business needs a hands-on owner that can pursue various avenues of marketing and advertising. This is a wonderful concept that can be expanded to other locations as an independent store or as a franchise concept. Highly Confidential. SELLER IS MOTIVATED.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $242,019
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Absentee owners




Print Listing Id: 700182413
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Arizona Businesses For Sale > Arizona Franchises For Sale > Arizona Business Brokers



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